In its simplest explanation, a credit card balance transfer allows you to transfer a balance from an existing credit card to a new one that has an introductory annual percentage rate that is lower or a 0% APR.
When it’s difficult to make all your payments on time, or interest rates on your current lines of credit are draining your checking account, consider debt consolidation. This smart financial move may help you get back on track with your monetary responsibilities, may boost your credit score and ease the mental stress of paying multiple
